Auto Service Plus Limited

	Page
Balance Sheet	1
Notes to the Financial Statements	2—3

Registered number: 04201951

		2024		2023
	Notes	£	£	£	£
FIXED ASSETS
Tangible Assets	4		1,299		1,673

			1,299		1,673
CURRENT ASSETS
Debtors	5	152		-
Cash at bank and in hand		471,078		449,483

		471,230		449,483
Creditors: Amounts Falling Due Within One Year	6	(56,370 )		(52,095 )

NET CURRENT ASSETS (LIABILITIES)			414,860		397,388

TOTAL ASSETS LESS CURRENT LIABILITIES			416,159		399,061

NET ASSETS			416,159		399,061

CAPITAL AND RESERVES
Called up share capital			100		100
Profit and Loss Account			416,059		398,961

SHAREHOLDERS' FUNDS			416,159		399,061

For the year ending 31 July 2024 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.

The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.

These accounts have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

The company has taken advantage of section 444(1) of the Companies Act 2006 and opted not to deliver to the registrar a copy of the company's Profit and Loss Account.

On behalf of the board

A Docherty

Director

3rd April 2025

The notes on pages 2 to 3 form part of these financial statements.

1. General Information

Auto Service Plus Limited is a private company, limited by shares, incorporated in England & Wales, registered number 04201951 . The registered office is 11 Broomhalls Croft, Alrewas, Burton-On-Trent, DE13 7FG.

2. Accounting Policies

2.1. Basis of Preparation of Financial Statements

The financial statements have been prepared under the historical cost convention and in accordance with Financial Reporting Standard 102 section 1A Small Entities "The Financial Reporting Standard applicable in the UK and Republic of Ireland" and the Companies Act 2006.

2.2. Turnover

Turnover is measured at the fair value of the consideration received or receivable, net of discounts and value added taxes. Turnover includes revenue earned from the sale of goods and from the rendering of services.

2.3. Tangible Fixed Assets and Depreciation

Tangible fixed assets are measured at cost less accumulated depreciation and any accumulated impairment losses. Depreciation is provided at rates calculated to write off the cost of the fixed assets, less their estimated residual value, over their expected useful lives on the following bases:

Plant & Machinery	20% on cost
Motor Vehicles	25% on reducing balance
Computer Equipment	33% on cost

2.4. Taxation

Income tax expense represents the sum of the tax currently payable and deferred tax.

The tax currently payable is based on taxable profit for the year. Taxable profit differs from profit as reported in the statement of comprehensive income because of items of income or expense that are taxable or deductible in other years and items that are never taxable or deductible. The company's liability for current tax is calculated using tax rates that have been enacted or substantively enacted by the end of the reporting period.

2.5. Pensions

The company operates a defined pension contribution scheme. Contributions are charged to the profit and loss account as they become payable in accordance with the rules of the scheme.

3. Average Number of Employees

Average number of employees, including directors, during the year was: 6 (2023: 6)

4. Tangible Assets

	Plant & Machinery	Motor Vehicles	Computer Equipment	Total
	£	£	£	£
Cost
As at 1 August 2023	35,739	4,135	762	40,636

As at 31 July 2024	35,739	4,135	762	40,636

Depreciation
As at 1 August 2023	34,164	4,037	762	38,963
Provided during the period	350	24	-	374

As at 31 July 2024	34,514	4,061	762	39,337

Net Book Value
As at 31 July 2024	1,225	74	-	1,299

As at 1 August 2023	1,575	98	-	1,673

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Auto Service Plus Limited

Notes to the Financial Statements (continued)

For The Year Ended 31 July 2024

5. Debtors

	2024	2023
	£	£
Due within one year
Other debtors	152	-

6. Creditors: Amounts Falling Due Within One Year

	2024	2023
	£	£
Trade creditors	14,314	14,485
Corporation tax	25,355	18,541
Other taxes and social security	14,611	17,146
Other creditors	2,090	1,923

	56,370	52,095

7. Related Party Transactions

As at 31 July 2024 the directors owed the company £152 (2022: £73).

8. Ultimate Controlling Party

The company's ultimate controlling party is A Docherty and J Docherty.

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